How to get out of student loan debt. Getty Images/iStockphoto Question: I’m strapped but want to be free. I have $80,000 in student loan debt. I work 60 hours a week in 12-hour shifts just to make en...
Tag: Career Education
We took out $55K in student loans and 22 years later, the balance has not budged
How to get out of student loan debt. Getty Images/iStockphoto Question: I graduated in 2000 with about $35K in student loan debt. My wife also had about $20K in student loan debt. They were mostly f...
I’m 65 and have $220K in student loan debt. I have a lot of health issues and am only working part-time. Can I somehow erase this debt?
Remember, if you’re having difficulty making payments due to low or no income, you may be eligible for a low or $0 payment by enrolling in an income-driven repayment plan Getty Images/iStockphoto Ques...
My son failed out of school and has $126K in student loan debt. What can we do?
How to get out of student loan debt Getty Images/iStockphoto Question: My son was studying in a pharmacy program and at the end of the last semester, the college kicked him out due to his non-performa...
I now owe 3x what I originally borrowed in student loans. What can I do?
Borrowers with less-than-perfect credit records face challenges while climbing out of debt, and they can get steeper when you’re older because income tends to plateau. Getty Images/iStockphoto Questio...
I graduated college at 40, but defaulted on my student loans. How can I deal?
How to get out of student loan debt Getty Images/iStockphoto Question: I am about to turn 65 and eligible for Medicare. I have a bachelor’s degree in business and organizational communications and an ...
I took out $30K in student loans, but they now total $96K. How is this possible?
How to get out of student loan debt Getty Images/iStockphoto Question: I’d like to obtain advice on tackling student loan debt. I do not have private loans, and I owe approximately $96,000. I’m so con...
My mom cosigned student loans for my now-disabled sister. How can we repay them?
How to get out of student loan debt. Getty Images/iStockphoto Question: My mom cosigned my sister’s student loan for her online school, but life got in the way for my sister and because of her mental ...
I’m 35 and have $380K in student loans. How to get out of student loan debt fast
Getty Images/iStockphoto Question: “I’m 35 years old, I have one kid and another on the way. My partner is afraid to marry me because of my debt, and I don’t have a steady income. I have two masters d...
The Tax Advantages of Series I Savings Bonds
At first glance, a stodgy, government-guaranteed investment may not seem like the most thrilling investment idea. But for many investors that’s exactly what U.S. Treasury Series “I” savings bonds are ...
I took out student loans for my now-imprisoned son. I owe $50K. Please help.
From student loan forgiveness to refinancing, some options to consider. Getty Images/iStockphoto Question: I just turned 60 and will probably have to work 20 more years. I currently owe about $50,000 ...
‘My husband refuses to pay my student loans.’ Is there some loophole to get him to pay?
How can you get out of student loan debt faster? Getty Images/iStockphoto Question: I am married but unemployed, and my husband refuses to pay my student loans, which I had before we were dating. Do I...
Saving for college: the pros and cons of 529 savings plans, prepaid plans and how to decide
For many, college is one of the best times of a person’s life — but it can also be extremely expensive, and that bill could last a lifetime. If you expect to be footing at least part of the cost, edu...
‘This feels very unfair.’ I’m 73 and worked full-time in education. Over 17 years, I made only one late payment on my student loans. I still owe $12K. Can you help?
Getty Images/iStockphoto Question: I’m 73 years old. I took out student loans in 1999 and consolidated in 2004. I have made only one late payment in the 17 years I’ve repaid. I worked full time at two...
I’m an attorney with more than $200K in student loans. How should I handle this?
Getty Images/iStockphoto Question: I’m an attorney with over $200,000 in federal student loan debt, and I desperately want to file for bankruptcy on these loans. I’m on an income-driven repayment plan...
I only make $41K a year, but owe $189K in student loans. What should I do?
Advice for paying down student loans Getty Images/iStockphoto Question: “I will owe about $189,000 on my student loans when repayment starts. I’m so stressed. I got let go from my job and lost my apar...
I’m a nurse with $106K in student loan debt. How can I get out of debt faster?
Getty Images/iStockphoto Question: I have a graduate degree in nursing and a stable job, but I’m still $106,000 deep in student loan debt. Recently, when all student loan payments were suspended, I wa...
Navient to cancel $1.7 billion in private student loans as part of settlement with 39 attorneys general
Roughly 66,000 borrowers will see their private student loans canceled — totaling more than $1.7 billion in relief — thanks to a deal between 39 state attorneys general and student-loan giant Navient ...
Student-Loan Processor Navient to Cancel $1.7 Billion of Debts
One of the nation’s largest student-loan processors will cancel the debt of 66,000 borrowers, totaling $1.7 billion, in an agreement with 40 state attorneys general. The agreements resolve all six out...
I’m a 60 and took out student loans for my child. I owe $36K. What should I do?
Getty Images/iStockphoto Question: I’m a U.S. Army veteran, and I’ve been paying the loans I took out to send my child to college, but the interest was crushing from day one. I’m 60 and I don’t know i...